www.dreamlivingsd.com/homes/113159652
534-544
25Th St
San Diego,
CA
92102
Neighborhood:
Sherman Heights
**Variance granted 2-4 Units** The historic Halcyon is a 5 unit mixed use building consisting of four residential units and one retail space. The rear portion was believed to have been built in 1896 and the front was added in 1924 to house a neighborhood bakery. Ground floor commercial space has great street frontage with ADA access and rents for $1050 per month. The residential ground floor unit has two bedrooms, built-ins, bay windows, hardwood floors and porcelain tiles. See Supplement The Second floor includes a one bedroom unit with bay windows and partial views to the Downtown SD Bay along with two bright and sunny studio units with full kitchens. Gated / locked entry. Private professionally designed courtyard for resident's use. Coin operated washer and dryer on site. Alley access garage, Easy and close access to Interstate 5 and Hwy 94. Street Parking.
Exterior
Wood/Stucco
Fencing
FullGate
Frontage
N/K
Irrigation
AutomaticDrip
Parking For RV
None Known
Parking Garage Desc Unit1
N/K
Parking Garage Desc Unit2
N/K
Parking Garage Desc Unit3
N/K
Parking Garage Desc Unit4
Detached
Parking Garage Spaces Unit1
0
Parking Garage Spaces Unit2
0
Parking Garage Spaces Unit3
0
Parking Garage Spaces Unit4
1
Parking Non Garage Desc Unit1
None Known
Parking Non Garage Desc Unit2
None Known
Parking Non Garage Desc Unit3
None Known
Parking Non Garage Desc Unit4
None Known
Pool
N/K
Roof
Other/Remarks
Site
Alley AccessPublic StreetStreet Paved
Spa
N/K
Topography
Level
Unit1 Exclusive Use Yard
No
Unit2 Exclusive Use Yard
No
Unit3 Exclusive Use Yard
No
Unit4 Exclusive Use Yard
No
Units With Garages
1
Units With Patios
0
View
CityOther/Remarks
Cooling
Other/RemarksWall/Window
Furnished Units
0
Half Baths Unit1
0
Half Baths Unit2
0
Half Baths Unit3
0
Half Baths Unit4
0
Heat Equipment
Wall/Gravity
Heat Source
Natural Gas
Stories
2 Story
Total Baths Unit1
1
Total Baths Unit2
1
Total Baths Unit3
1
Total Baths Unit4
1
Unit1 Laundry Hook Ups
Common
Unit2 Laundry Hook Ups
Common
Unit3 Laundry Hook Ups
Common
Unit4 Laundry Hook Ups
Common
Units With Cooling
0
Units With Dishwashers
0
Units With Dryers
0
Units With Fireplaces
0
Units With Range Oven
4
Units With Refrigerators
4
Units With Washers
0
Water Heater Type
Gas
Actual Cap Rate
5.04
Additional Property Use
N/K
Age Restrictions
N/K
Annual Expense Actual
1800
Annual Expense Projected
1800
Association ID
San Diego Association Of Realtors (Sdar)
Buildings
2
Cfd Mello Roos Fee
0.0
Community
San Diego
Complex Features
Laundry Facilities
Complex Park
Halcyon Building
Cross Streets
Market
Gross Rent Multiplier Actual
19.09
Gross Rent Multiplier Project
17.12
Gross Scheduled Income Actual
69840
Gross Scheduled Income Project
75600
Home Owners Assoc Fee Includes
N/K
Mandatory Remarks
None Known
Market Area
Metro Central
Miscellaneous
N/K
Monthly Total Fees
0
Net Operating Income Projected
73800
Other Fee Type
N/K
Other Fees
0.0
Other Income Actual
0
Possession
Other/Remarks
Projected Cap Rate
5.84
Sales Restrictions
Other/Remarks
Security
Gated Community
Sewer Septic
Sewer Connected
Short Sale
No
Telecommunications
Other/Remarks
Tenant Pays
ElectricityGas/PropaneOther/Remarks
Terms
CashConventional
Unit Number For Unit1
536
Unit Number For Unit2
538
Unit Number For Unit3
540
Unit Number4
544
Unit1 Deposit
300
Unit1 Occupied
Tenant
Unit1 Projected Rent
950.0
Unit1 Rent Actual
700.0
Unit2 Deposit
900
Unit2 Occupied
Tenant
Unit2 Projected Rent
950.0
Unit2 Rent Actual
900.0
Unit3 Deposit
1425
Unit3 Occupied
Tenant
Unit3 Projected Rent
1500
Unit3 Rent Actual
1425.0
Unit4 Deposit
1645
Unit4 Occupied
Tenant
Unit4 Projected Rent
1750
Unit4 Rent Actual
1645.0
Water
Meter On Property
Zoning
Commercial
Listing provided courtesy of Coldwell Banker West.
Listing information © 2021 San Diego MLS Inc.
Source: SDMLS
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